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20130129
20130129
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Search Results 0 to 23 of about 24 (some duplicates have been removed)
by the sales tax. it doesn't care if you're a janitor with four kids or a cardiologist with lots of dollars. the greater percentage of income you pay, if you don't make that much money, that sales tax on the egg might be 1% of a day's pay for you. it could probably be more like a thousandth of a percent of the cardiologist's paycheck for the day. a sales tax is therefore among the least populist way of raising money for government, proportionally speaking. it takes the most from people with the least money, and the least from everybody who has more money. because of that backwards impact, because it's harder on the poor and easier on the rich, you might think a tax like that would be among the most unpopular tax ideas. but in bright red states, states where republicans have complete control of the government, that tax all of the sudden is really popular. this month in louisiana, republican governor bobby jindal rolled out his agenda for this year. get rid of the income tax and corporate taxes where how much you pay depends on how much you make. but do not worry about the billions in lost ta
may boost taxes, but taxpayers could be slapped with an even bigger bill. we will hear from the other side of this tomorrow. but to the center for immigration studies, now, steve, tell us, it is going to cost a lot of money to alout -- by the way, can i take a step back, are we agreeing it's 11 million? i have heard as high as 20 million. but 11 million is the number. how much is this going to tax. >> i do think it's 11 million. i am a demongraphy and i do focus on this. they are not lazy and came to get welfare. we think a major came as adults and hadn't graduated the equivalent of high school in their own country. 25 to 30% had only a high school education. so with legalization, they're still going to make wages commensurate with modest levels of education, which means they won't pay much in taxes and workers like that, especially when you look at legal immigrants, they tend to use a lot in social services, about half of all legal immigrants with a high school education, those households access the welfare system. >> tell us how they do that i. that's legal immigrants. >> so in othe
on education, on taxes, on any of this stuff. that's what's going on. >> so that's the issue. >> of what do democrats get out of it? why are they pushing it? >> hispanics have been demanding something on this, and at some point -- >> but do they want the teeth, the tough requirements of worker verification? do they want the tough part of the bill? >> i think -- yes, because if you actually go to places like arizona and new mexico and i have seen surveys of hispanic americans, hispanic american citizens who say second, third, fourth generation, saying i did it legally. these folks should have to do it legally. >> i just don't hear that from the latino groups. >> no, they -- >> i don't hear the interest groups pushing for real teeth. let's take a look -- >> the interest groups rnt. i'm talking about rank and file hispanic americans. >> that's positive. let's look at what he had to say. he came out for what he calls comprehensive immigration reform. it was at a speech in las vegas. he said the bipartisan plan put forward by eight senators was in line with the principles he's for which is very
and pass a background check. you would be required to do that if you're illegal. pay a fine and back taxes. earn probationary legal status. learn english. continue to pay taxes. show work history and then get a green card and then apply for citizenship. effectively you would go to the back of the line. so this is a bipartisan effort. remember, some of these commissions have come together in the past, in the last four years, specifically about the debt and the president hasn't necessarily taken on the plan that they have come up with. so this will be really important to see if it actually works. >>brian: a really important provision, skills valued. we've got engineers out there, computer technology experts, people when they have skills -- for example, if they train at american universities, they would get a priority. this is what microsoft and you always heard apple saying. we need more engineers in this country. why are we training them and letting them go back home? let's give them u.s. status or a green card. marco rubio talks about a plan. >> before we can move towards a path for green
to gain status if they passed a criminal background check and back taxes and learn english. they can apply to become a citizen behind people who started the process legally. >> for the first time in many years, republican and democrats seem ready to tackle this problem together. >> some gop house members have already said they don't support the senate proposal. but some of the biggest opposition to immigration reform could come from outside the halls of congress. republican senator, marco rubio, went on conservative radio to drum up support from a skeptical rush limbaugh. >> if the vote went republican, do you think the democrats would be for any part of this legislation? >> bob danes, the federation for american federation reform is also opposed to the bill. >> it is clearly a trojan horse, which reforms nothing. >> the group of eight senators sponsoring the legislation, say once the language is agreed upon, the bill could come up for a vote as early as the summer. danielle nottingham, cbs news, washington. >>> plenty of blitz and glitz in new orleans today and we're not just talkin
including fines and back taxes, undergo a background check and learn english and american civics. yesterday, marco rubio in florida sought to win over conservatives opposed to any deal with threats of amnesty. >> there are over 11 million workers undocumented. that's not something any wanted to see happen. it is what has happened. we have an obligation and need to address the reality of the situation we face. i think today is an important first step in what's going to be a significant complicated journey. the issue of immigration is not a simple one. we have the opportunity to do it right and if we do, i think we'll do a tremendous service to our country. snow jo . >> joe, remains to be seen how far this gets but you see john mccain and lindsey graham talking about what they're talking about in terms of a bill that even hints at amnesty. >> no doubt about it, things have changed in the last five years. there will still be conservatives in the house who want to be assured by marco rubio and john mccain and any conservative that supports this bill that won't be a repeat of 1996, that was an o
clothing. to dealrs has efforts your tax return this year. to explain that, here is alan limburg headquarters in new york. bloomberg t headquarters in new york. start accepting returns tomorrow, but do not even if yout return file early. things may be slowed down by a year.his this is according to the founder of liberty tax service. adders for host of read could into the company. the maker of little debbie has agreed to pay more than $27 million for the drinks rant. united states bakery, offering buy some equipment for about $29 million. on february this 11. chipotle is looking to stand by pushing its sustainability message to an organichrough line of clothing and accessories. is looking to be more of a lifestyle brand as well as sustainable food areas that is business news live at bloomberg headquarters in new york. thank you. . it is 5:55e it right now. 43 degrees. think this isyou a tasty ice cream dessert? guess again. we will tell you about the guess again. we will tell you about the strange ingredients guess again. we will tell you about the stranwe gotta sell the car. whe
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on rye kind of what we're seeing. here is one thing that we're watching. the payroll tax increase didn't bother us when the price of gasoline was down. but over the past few weeks, we've seen the price of gas go up by anywhere from 30 to -- 25 to 35 cents per gallon. that really puts an impact on $20 a week for 50,000 in income. that price in gasoline really was going to make double hit behind the increase in payroll taxes. >> that is an interesting point. i hadn't really thought about that. when it comes to the jobs number on friday, kevin, tell me what you think the market is looking for? what would be really good news and what would be look out? >> they want it big. the guys are going to probably pull bids out and put up some shorts going into it. i'd watch for an air pocket down. my own opinion is i think you'll see a number finally over 250. we're overdue for that number. and -- >> the dawn of february 1st? >> they don't have time to cook the books by february 1st on that, do they? huh? >> it's friday. >> they're supposed to be good at it, i don't know. >> well, they are -- >> i t
became adults, we ended up paying more in taxes every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many ot
.s. to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the sizest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks. >> reporter: still, after winning more than 70% of the latino votes last november, the president's senior advisers say the white house is more than comfortable publicly pressuring republicans. >> and if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moved by the promise of reform, luis and maria berahas who admit they came to the u.s. from mexico city 14 years ago. visiting from their home in california, their 22-year-old daugh
yesterday, undocumented immigrants must pass a background check, pay fines and back taxes and learn english. ensure the illegal immigrants will not get citizenship before immigrants already working towards a green card. labor unions support this plan. >> we will march, rally, pray and knock on every door in congress to remind lawmakers that our nation deserves an immigration system that sustains our communities, our families, and an economy that values a prosperous nation built by immigrants. >> the president believes that it's very important that we move forward on comprehensive immigration reform. it's the right thing to do for the country, for our economy. it's the right thing to do out of fairness to the middle class to make sure that everyone plays by the same set of rules. >> reporter: however, you can imagine the plan has its critics. 22 g.o.p. senators opposed a similar plan back in 2007. they say this proposal amounts to nothing more than amnesty and the house is also working its own version of immigration reform. and the house has its critics as well. republicans there worried abo
checks are under way, they could immediately get right to work. but there would be fines and back taxes to pay and immigrants applying for permanent residency would have to get in line, the back of the line. citizenship could take as long as 15 years. for the first time ever, obtaining legal residency would mean having to speak english and pass a civics test. there would also be a beefed up border. >> i think after the election finally the country is realizing that you cannot have two classes of people in this country. >> reporter: foreign documented immigrants like sophia campos, it could mean no longer living in hiding. >> when an entire government is telling you blatantly that you are worth less than the person next to you, that hurts. it hurts your dignity more than anything. >> reporter: for the recent college grad, being undocumented means not knowing if she can get a job. for her babysitter mother, it means not being able to return to peru to visit sick family. you used the word in prison. >> it's a different kind of life. people who feel safe in this country and people who are l
Search Results 0 to 23 of about 24 (some duplicates have been removed)